Thursday, December 23, 2021 9:39:10 AM
It sums up my feelings about Dark Pools. The SEC has never come clean in protecting the retail investors. Thanks to Gamestop, and other meme stocks they are finally beginning to put some rules around the lending of stocks, but they should eliminate the practice altogether. You still see these hedge funds losing billions, impacting the entire market and even countries over their irrisponsible behavior, which is usually from some yuppy driving around a Lambo.
Why not come clean on the visibility. It should never be possible to loan out shares in multiple of the available float or that exceeds the entire shares outstanding of a company, but the B.S. goes on.
For exmple, it is known that Robinhood was providing data to a major hedgefund (now among the biggest) and front-running the stock pricde while making millions.
It is still an honor among thieves organization. Why not put an end to some of these activities altogether and put the hedge funds on a level playing field with retail investors, instead of protecting the ways to rape retail investors?
The tehnology is there to create a level playing field so why not do it.
Why not come clean on the visibility. It should never be possible to loan out shares in multiple of the available float or that exceeds the entire shares outstanding of a company, but the B.S. goes on.
For exmple, it is known that Robinhood was providing data to a major hedgefund (now among the biggest) and front-running the stock pricde while making millions.
It is still an honor among thieves organization. Why not put an end to some of these activities altogether and put the hedge funds on a level playing field with retail investors, instead of protecting the ways to rape retail investors?
The tehnology is there to create a level playing field so why not do it.
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